Altcoins

Ethereum, Solana and One More ETH-Rival Will Benefit From Rise of Artificial Intelligence: Real Vision Analyst

Real Vision analyst Jamie Coutts believes Bitcoin (BTC) and a sure breed of altcoins will probably be beneficiaries of synthetic intelligence’s (AI) rise to prominence.

The previous Bloomberg analyst tells his 16,200 followers on the social media platform X that AI will want a cash system, and that BTC could also be one of the best obtainable type.

Nonetheless, Coutts says that stablecoins and the native tokens of good contract platforms, equivalent to Ethereum (ETH), Solana (SOL), and NEAR, are additionally well-suited.

“AI wants a cash.

Bitcoin is one of the best type issue, however it gained’t be the one one. Stablecoins and native tokens for good contract platforms can even see widespread use.

SOL ETH NEAR.”

Coutts just lately mentioned that synthetic intelligence (AI) know-how may ship the whole market cap of the layer-1 crypto sector hovering from the present $1.9 trillion valuation to as excessive as $25 trillion by 2030.

The analyst shares an excerpt from his agency’s Professional-Crypto November 2023 report that means AI will enhance the demand for on-chain verification and authentication companies.

The report additionally says that human-directed or autonomous AI brokers may make use of good contract platforms to change worth, considerably growing the expansion fee.

“By incorporating an ‘AI growth factor’ starting in 2026, which adds 10% to the annual growth rate, we can begin to gauge this impact. Initially, the effect is modest, but by 2030, AI agents could comprise over 40% of total daily active users (DAU). This obviously creates some rather astronomical valuations for the blockchain assets, which will benefit from the transaction fees generated by an increasing number of AI agents.”

Supply: Jamie Coutts

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